Gaming
Crime
Hackers have stolen $2.98B via exploits in the crypto industry so far
Roughly $760 million was stolen in October through 44 hacks across 53 protocols — making it the worst month for crypto hacks in 2022.
Scams
Over 95% of tokens launched on Uniswap are scams – Research
According to the study, Uniswap's simplicity and lack of regulation make it easy for scammers to list non-valuable tokens.
Adoption
DBS launches programmable money live pilot for Singapore government vouchers
According to the report, this will enhance live transactions with numerous merchants by issuing vouchers using a blockchain and tokenized Singapore dollars.
Adoption
Peter Brandt believes DOGE bear market is over but bulls yet to gain control
The veteran investor Peter Brandt warned traders against assuming the end of a bear market automatically signals the beginning of a bull market.
NFTs
NFT marketplace Souffl3 closes $2 million in seed round
The funding round was co-led by Crypto.com Capital and Synergies Capital. Other participants in the round are Huobi Incubator, M77 Ventures, and J17 Capital.
Crime
UK High Court shutters crypto firm PGI Global for alleged scam involvement
PGI Global UK had collected around $710,000 from its potential investors, promising 200% returns from their investments in the company, but failed to fulfill its commitment
Analysis
FTX records largest short liquidation event in its history
A total of $936.24 million was secured in short liquidations on the popular cryptocurrency exchange FTX, marking the largest ever since its emergence.
Adoption
Busan collaborates with Crypto.com and Gate.io to advance blockchain aspirations
As part of Busan's numerous efforts to embrace blockchain, the city has signed a business agreement with crypto exchanges, Crypto.com and Gate.io.
Adoption
Public Bitcoin miners are expanding their hashrate share
During the 2021 bull run, many of public miners invested heavily in mining rigs, allowing them to expand and improve their operations.
Bear Market
Fed likely to hike interest rates by 75 basis points in November meeting
Federal Reserve officials are working on introducing another 75 basis point rate hike at the upcoming meeting from Nov. 1-2, according to a report by The Wall Street Journal.
Crime
BitKeep unveils redemption portal for victims of Swap hack
The protocol had promised to compensate every victim of the exploit that took place on Oct. 18.
Adoption
Fidelity offers bullish views on Bitcoin amid rising dollar
According to the research, Bitcoin is one of those assets that are not subject to counterparty risk, vis-a-vis conventional currencies.
